JBT Marel Q1 net loss $173M; adj EPS $0.97; suspends FY guidance on tariff uncertainty

JBT MAREL Corp

2025-Q1 EPS reported -$3.35 revenue$854,100,000

Revenue $854M, net loss from continuing ops $173M, GAAP EPS $(3.35); adjusted EPS $0.97.
Orders $916M, backlog $1.3B; adjusted EBITDA $112M (13.1% margin).
Charges include $147M pension settlement, $74M M&A, $42M amortization, $11M restructuring.
Suspended full-year 2025 guidance; Q2 outlook: rev $885-915M, adj EPS $1.20-1.40, adj EBITDA margin 14.5-15.25%.
Synergies on track: $35-40M in-year realized, $80-90M annual run rate exiting 2025.

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